Jan 7, 2013 6:00am PST
years party every year. >> translator: i'm hoping that the business environment will provide a tail wind for us. and i'd like to see the economy pick up this year. >> translator: the japanese economy has hit rock bottom. neighboring asian economies are expanding significantly. japan must seize this opportunity to revitalize itself. it's our last chance. >>> business leaders have seen the nikkei go over the 10,000 level while the japanese currency touched the 88 yen level against the dollar for the fist time in 2 1/2 years. >> translator: stock markets around the world have probably bottomed out. i'm hopeful that the nikkei could reach 13,000. >> translator: the dollar needs to trade steadily around 90 yen and rise to 100 yen. if this doesn't happen, the japanese auto industry won't be able to make cars in the country. >> while the challenging economic environment remains, abe vowed that his once again newly installed administration will do all in its power to pull the nation out of deflation. corporate officials want the government to swiftly put the necessary measures into motion. >> tr
Jan 10, 2013 2:30pm PST
. >> it should include an analysis of perpetrator strategies in a church environment, and detail how the church has dealt with cases of abuse when they became known as well as the action it took. >> the church says it will now find a new institutes to complete the study. thomas, one time altar boy and abuse victim, intends to watch them closely. >> for more on this now, we are joined by our political correspondent. this decision to stop the steady -- how badly has it damage the reputation of the church? >> pretty badly. the head of the german central committee of catholics said that he viewed the damage is very grave indeed, and, certainly, criticism is coming from the very highest levels. as you mentioned, the german justice minister has spoken out today. she said that the whole incident calls into question the church's real willingness to get to the bottom of the abuse scandal, and she went to bat for the academic who was supposed to have carried out this study. perhaps the church is therefore now making an effort to silence him. it has said that it will be seeking a legal injunction t
Jan 10, 2013 6:00am PST
. >> translator: the strategic environment has been changing drastically in the asia pacific region. it is crucial that japan strengthen its cooperative ties with asean members to secure peace and prosperity in this area. >> suga denied suggestions from the media that china's expansion in the south china sea is the main reason for the visit. he and prime minister abe want to firm up economic partnerships with these fast-growing asian countries, which are leading global economic growth. >>> senior officials of the ruling liberal democratic party and it's coalition party have agreed on abe's economic stimulus plan. the agreement came on thursday at a meeting attended by abe who is also the ldp leader and new komeito leader, natsayama guchi. abe calls the stimulus the first in a series of measures to avoid the economy's freefall and promote private sector investment. one of the three pillars of the package is projects for post- disaster rebuilding and disaster containment. these will include road repairs and making school buildings quake-resistant. the second is the creation of wealth through growth.